Forecasts for gross domestic product growth, due to be released on Feb. 6, ranged from 4.00% to 6.20%.
"Indonesia's economic growth is going to slow in line with the ongoing global slowdown. The ongoing global recession has dampened prices and demand for commodities," Suryaputra Wijaksana, an economist at Bank Central Asia, said. Economists in the poll expected a bleaker outlook as tightening monetary policy and elevated inflation globally risk derailing the world economy.
The country has shown resilience in the past and has implemented measures to support the economy, so it may not have lost as much steam as some may think.